Executive Mosaic’s GovCon Index rose for the second straight day, finishing 0.83% higher at $4,884.32. The blue-chip Dow Jones Industrial Average (+1.18%) gained nearly 500 points on encouraging inflation data, while the S&P 500 (+1.09%) and tech-heavy Nasdaq Composite (+1.03%) ended the week on a positive note. Back-to-back gains The GovCon Index posted back-to-back...
Executive Mosaic’s GovCon Index settled higher at $4,891.72 before Christmas after splitting the first two trading days of the week with a -0.30% loss and +0.45% gain. The Dow Jones Industrial Average (+0.91%), S&P 500 (+1.10%), and the Nasdaq Composite (+1.35%) advanced Tuesday, signaling the start of the Santa Claus rally. Split win-loss The...
Executive Mosaic’s GovCon Index ended higher at $4,911.63 (+0.41%), a positive start after the Christmas break. The Dow Jones Industrial Average (+0.07%) rose on a slim gain, while the Nasdaq Composite (-0.05%) and S&P 500 (-0.04%) closed slightly below the flat line. Apple (Nasdaq: AAPL) hit an all-time of $259.02 after analysts raised their price...
Executive Mosaic’s GovCon Index wrapped up lower at $4,877.81 (-0.69%) for another daily loss in December. All three major US indexes slipped, triggered by the selloff in Big Tech stocks. The Nasdaq Composite (-1.49%), S&P 500 (-1.11%), and the Dow Jones Industrial Average (-0.77%) tumbled as a result. Another daily loss The GovCon Index...
Executive Mosaic’s GovCon Index inched higher on New Year’s Eve, settling at $4,837.85 (+0.13%). However, it was the worst monthly performance (-7.03%), following only eight daily gains in 21 trading days. Nonetheless, the index representing the government contracting sector ended 2024 with a +3.63% return. All major US indexes ended negative on Tuesday. Wall Street’s...
Executive Mosaic’s GovCon Index closed in the red to start 2025, sliding 0.39% to $4,819.09. Wall Street had a blockbuster year, but the expected boost from the Santa Claus rally did not happen. Thursday’s modest losses extended the post-Christmas slump of the Dow Jones Industrial Average (-0.36%), S&P 500 (-0.22%), and the Nasdaq Composite (-0.16%)....
Executive Mosaic’s GovCon Index ended higher before the weekend at $4,866.43 (+0.97%) but still lost 0.23% for the week. Wall Street’s major stock benchmarks surged on the last day of the supposedly Santa Claus rally. The Nasdaq Composite (+1.77%), S&P 500 (+1.26%), and Dow Jones Industrial Average (+0.80%) arrested their three-day skids. Momentum returned as...
Executive Mosaic’s GovCon Index erased Friday’s gain, closing 1.25% lower at $4,806.56 to start a new week. Chip stocks lifted the Nasdaq Composite (+1.24%) on artificial intelligence optimism. The S&P 500 (+0.55%) notched a third-straight daily win, while the Dow Jones Industrial Average (-0.06%) settled below the flat line. NVIDIA (Nasdaq: NVDA) rose 3.43% to...
Executive Mosaic’s GovCon Index ticked lower 0.29% lower to $4,792.89 at the close, while the major US indexes registered sharp declines. The Nasdaq Composite (-1.89%) and S&P 500 (-1.11%) reversed course and ended their winning streaks, while the Dow Jones Industrial Average (-0.42%) lost steam. All Magnificent Seven stocks, led by AI chipmaker NVIDIA (Nasdaq:...
Executive Mosaic’s GovCon Index closed 0.75% higher at $4,828.64, averting a third straight daily loss. The Dow Jones Industrial Average (+0.25%) and S&P 500 (-0.16%) posted modest gains, while the Nasdaq Composite (-0.06%) closed slightly below the flat line. Eight of 11 S&P 500 primary sectors advanced, led by healthcare stocks. The tech-heavy Nasdaq gained...
